EUROPEAN MARGIN RULES

The global Uncleared Margin Rules (UMR) for non-centrally cleared over-the-counter (OTC) derivatives represent one of the biggest challenges to banks and financial services firms around the world. In place since 2016, the first five phases have affected only the world's largest firms dealing in OTC derivatives. However, it is the next two phases, Phase 4 scheduled to go live in September 2019 and Phase 5 scheduled to go live in September 2020 that will usher in the most challenging frameworks for Newly In-Scope Counterparties (NISCs) across the European Union (EU). As the frameworks are based on Aggregate Average Notional Amount (AANA) of non-centrally cleared OTC derivatives, firms are required to prepare AANA estimates well in advance of these deadlines and must put in place a plethora of compliance frameworks. These include negotiating and documenting a host of Initial Margin (IM) Credit Support Annexes (CSAs) and Credit Support Deeds (CSDs), as well as negotiating Third-Party Custodian agreements and Collateral Transfer Agreements (CTAs).

Training Materials Package Includes:

1 x Full Set Comprehensive Training Manual
1 x Full Set Comprehensive Training Materials
1 x Full Deck Presentation Slides
Any Session/Workshop Supplementary Materials and Documents
Any Session/Workshop Charts/Infographics
Any Session/Workshop Reference Materials and Documents